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Sumit Jasoria
Co-Founder & CEO at NEWME || BW 40U40 2024
About
Sumit Jasoria is an accomplished Managing Director with over 12 years of experience in building sustainable business models in emerging markets. He is currently the Managing Director for Meero in India and South Asia Region, a French start-up that specializes in photography services. Sumit was awarded as one of the Top 100 Global Retail Minds in February 2018 for his contributions in the retail industry. Sumit has a proven track record in managing successful ventures in the e-commerce industry. He was the Regional Managing Director for Daraz, an e-commerce venture of Rocket Internet in Asia, with a focus on Myanmar, Sri Lanka, and Nepal. The venture was present in five countries and was acquired by Alibaba in May 2018, providing Sumit with valuable insights on deal-making and due diligence processes. Prior to this, Sumit was the Managing Director of the two biggest e-commerce ventures of Rocket Internet in Myanmar, where he successfully merged the two companies and focused on growth with key partnerships and business development. Sumit's expertise in marketing, branding, strategy development, and business analysis has been honed through his various roles in different industries. He was the Marketing Head for Daraz.com in Emerging Markets of Bangladesh and Myanmar, where he handled complete marketing with a mix of online and offline marketing and took the business to new growth levels with PR and brand partnerships. Before his foray into the e-commerce industry, Sumit was a Product Marketing Manager for DTH Services at Bharti Airtel, where he initiated first-in-industry product developments and helped revolutionize the way television entertains people in India. Sumit holds an MBA in Marketing Majors from the Faculty of Management Studies (FMS) Delhi, where he held the position of Joint Secretary of the student's council of FMS, MBA-MS course from 2009-10. He also has a Bachelor's degree in Engineering from the University of Rajasthan. Sumit's pre-MBA experience includes working as a software engineer at Infosys Technologies Limited for two years in Hyderabad. Currently, Sumit is a Partner at fairangels.vc, an angel investment firm. He is also an Advisor and Investor at happihub, a start-up that focuses on mental health and wellness. Sumit's diverse experience, coupled with his passion for start-ups, makes him a valuable asset to any organization.
Education Overview
• faculty of management studies university of delhi
• maharaja sawai man singh vidyalaya
Companies Overview
• meero
• happihub
• shoocal
• misfit technologies ltd.
• south east asia
• rocket internet
• rocket internet se shop.com.mm
• airtel
• godrej properties
• godrej
• niit
Experience Overview
13.2 Years
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